CARES Act Is good news for bad actors

Published April 17, 2020 2:09pm ET



The Coronavirus Aid, Relief, and Economic Security or CARES Act is a $2 trillion cash giveaway by President Trump and Congress in response to the pandemic that threatens to drag down our economy.

On the one hand, we should all applaud Congress and Trump for temporarily putting aside partisan bickering to help the American people. On the other hand, looking closely at aspects of the CARES Act, it seems likely it will be rife with waste, fraud, abuse, and will put large sums of taxpayer dollars in the pockets of wealthy business owners, not workers.

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